NameSilo

PayPal to support cryptocurrency

Located in General Domain Discussion, started by Joakim, Oct 21, 2020

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  1. Joakim

    Joakim SalesBusiness.com VIP

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. mr-x

    mr-x Top Contributor VIP ★★★★★★★★★★

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  3. chenzen

    chenzen Established Member ★★★★★★★★★★

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    It's probably going to increase the crypto currency prices for a while. Beyond that, I don't know how it will affect the crypto domains than usual.
     
  4. Samer

    Samer Top Contributor VIP

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    Last edited: Oct 21, 2020
  5. Samer

    Samer Top Contributor VIP

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  6. Samer

    Samer Top Contributor VIP

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  7. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Paypal is having trouble with a basic transaction of mine today...they will not stay in the crypto biz too long.
     
  8. 4better

    4better Established Domainer VIP

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    I will wait and see what happens next.
     
  9. Samer

    Samer Top Contributor VIP

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    You are wise, Bitcoin is volatile;

    Paypal was nice welcomed news however ;P
     
    Last edited: Oct 21, 2020
  10. The Durfer

    The Durfer Top Contributor VIP Gold Account

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    actual purchases with crypto? or just like coinbase.com (wallet)? ty.
     
  11. YairDD

    YairDD I'm cool, I think? VIP

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    It's trash.
    You can't withdraw the crypto to your own wallet, can only use it to send payments through PayPal. useless and very insecure.
     
  12. Joakim

    Joakim SalesBusiness.com VIP

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    Looks at the moment more like hype than anything else.
     
  13. lock

    lock DomainUsed.com VIP

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    Making way for a preferred brand of crypto influencing at their level.
     
  14. alcy

    alcy Top Contributor VIP

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    stick to domains
    far better investment
    very few people make money trading cryptos...

    if u know what yer doing putting 12k into domains today will be better than 1 btc for u.
     
    Last edited: Oct 22, 2020
  15. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Okay, I misunderstood the plan. Ppal is entering the buy/sell business for crypto. Below is from an email:

    Crypto and the
    ‌‌power of PayPal

    • Confidently buy and sell crypto with PayPal
    ‌• Control over how much you buy. Start with as little as $1 ‌
    • Discover crypto articles for beginners
     
  16. kam

    kam Top Member PRO VIP ★★★★★★★★★★

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    I heard many horrible stories regarding Paypal freeze accounts for 180 days because of potential risk, but they never disclose the reason what they considered to be a risk.

    So, if you dare enough to buy or sell cryptocurrency via Paypal, you are putting yourself into risk. :xf.rolleyes:
     
  17. alcy

    alcy Top Contributor VIP

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    of course u hear of the freezes ones..what u dont hear is the other 99.9% accounts that never have issues... let's all get serious folks its always the bad news that makes front pages... all the risk is in denying yerself all things in life based on few bad seeds or cases.
     
  18. kam

    kam Top Member PRO VIP ★★★★★★★★★★

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    You should read this.
    https://www.namepros.com/threads/help-namebio-reverse-the-paypal-ban.1216056/#post-8035656
    https://www.linkedin.com/posts/mvsu...l-explains-activity-6732749384829734912-N6h0/
     
  19. DuDD

    DuDD Established Member

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    • In which regions are PAYPAL used more?
    • I asked a few of my friends and they didn't use PAYPAL
     

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